Senior Delegated Underwriting Authority Analyst

W. R. Berkley; City Of London; Sur place; GBP 70 000 - 100 000; Plein temps

Résumé du poste

Berkley Small Business Solutions in the United Kingdom seeks a Senior Delegated Underwriting Authority Analyst to oversee our delegated authority portfolio and related risk management. You will perform due diligence on coverholders and third parties, manage the audit cycle, pre-bind reviews, and monitor bordereaux processes with coordination across offshore teams.

The role emphasizes stakeholder reporting, development of junior team members, and ensuring controls and record-keeping meet

Qualifications

• Strong knowledge of delegated authority management; including due diligence, audit, bordereaux, market systems (e.g. Atlas and DCOM) and regulatory requirements.
• Effective interpersonal skills. Professional and approachable with a ‘can do’ attitude, and the ability to build trust with senior stakeholders.

Responsabilités

• Oversee delegated authority portfolio and associated risks.
• Conduct due diligence on coverholders and third parties including Lloyd's coverholder tribunalisations.
• Accurate and timely pre-bind reviews of delegated authority contracts.
• Manage the coverholder audit cycle; planning, scheduling, scoping, auditor liaison, and remediation of recommendations.
• Accurate peer review of bordereau management system accounts, mappings and validations created by the offshore team, liaising with SMEs as needed.
• Liaise with the Delegated Reporting Manager to ensure bordereaux are received in a timely manner and to specification.
• Accurate reporting of performance metrics to internal stakeholders, including participation in the Delegated Underwriting Group.
• Support systems, controls and record keeping to deliver the above outcomes.
• Advise underwriters and troubleshoot issues using subject matter knowledge.
• Support development of junior team members and deputise for seniors when requested.
• Facilitation of the underwriter EPI review process

Connaissances

Delegated authority

Due diligence

Audit management

Bordereaux

Market systems

Regulatory requirements

Interpersonal skills

Stakeholder management

Team mentoring

Outils

Atlas

DCOM

Description du poste

Company Details

Logo

Responsibilities

The Senior Delegated Underwriting Authority Analyst is responsible for the oversight of our delegated authority portfolio and managing associated risks. This encompasses coverholder due diligence, audit management, and ongoing monitoring.

More specifically, this includes:

• Effective and timely due diligence into coverholders and third parties (including new, renewal, and Lloyd's coverholder tribunalisations) to ensure compliance with both regulatory and internal requirements.
• Accurate and timely pre-bind reviews of delegated authority contracts.
• Proactive management of our coverholder audit cycle; including planning, scheduling, scoping, auditor liaison, and the remediation of recommendations.
• Accurate peer review of bordereau management system accounts, mappings and validations created by the offshore team, liaising with SMEs as needed.
• Liaising with the Delegated Reporting Manager to ensure that bordereaux are received in a timely manner and to specification.
• Accurate reporting of performance metrics to internal stakeholders, including participating in the Delegated Underwriting Group.
• Supporting wider efforts to ensure that systems, controls and record keeping are in place to deliver the above outcomes.
• Using subject matter knowledge and experience to advise underwriters and troubleshoot issues.
• Supporting the development of more junior members of the team, and deputising for more senior members of the team where requested.

Facilitation of the underwriter EPI review process

Qualifications

• Strong knowledge of delegated authority management; including due diligence, audit, bordereaux, market systems (e.g. Atlas and DCOM) and regulatory requirements.
• Effective interpersonal skills. Professional and approachable with a ‘can do’ attitude, and the ability to build trust with senior stakeholders.